Bellwether stocks, FrieslandCampina Wamco Nigeria Plc and Central Securities Clearing System (CSCS) Plc, triggered a 0.24 per cent loss in the NASD Over-the-Counter (OTC) Securities Exchange on Tuesday, December 30.
The losses recorded by the duo pulled down the market capitalisation of the platform by N5.11 billion to N2.120 trillion from N2.125 trillion and weakened the NASD Unlisted Security Index (NSI) by 8.54 points to 3,543.46 points from the 3,552.00 points it ended a day earlier.
During the session, FrieslandCampina Wamco Nigeria Plc lost N2.12 to sell at N47.00 per unit versus Monday’s price of N49.12 per unit and CSCS Plc declined by 80 Kobo to close at N35.00 per share against the previous trading value of N35.80 per share.
However, Newrest Asl Plc gained N4.59 to sell at N50.53 per unit compared with the previous day’s value of N45.94 per unit, and Golden Capital Plc appreciated by N1.02 to trade at N11.24 per share, in contrast to the preceding session’s N10.22 per share.
The trading barometers pointed south during the session as the volume of securities traded by investors depleted by 95.1 per cent to 1.4 million units from the previous day’s 29.6 million units, the value of securities depreciated by 86.7 per cent to N204.6 million from N1.5 billion, and the number of deals slumped by 15.2 per cent to 28 deals from 33 deals.
At the close of business, Infrastructure Credit Guarantee Company (InfraCredit) Plc remained the most traded stock by value on a year-to-date basis with 5.8 billion units sold for N16.4 billion, trailed by Okitipupa Plc with a turnover of 187.6 million units valued at N10.9 billion, and MRS Oil Plc with 36.1 million units worth N4.9 billion.
In terms of volume, also on a year-to-date basis, InfraCredit Plc led the chart with 5.8 billion units traded for N16.4 billion. followed by Industrial And General Insurance (IGI) Plc with 1.2 billion units transacted for N420.7 million, and Impresit Bakolori Plc with 536.9 million units valued at N524.9 million.